Finance Ireland mortgage interest rates jump above 6% after latest price hike

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The move is in response to the rise in European rates, which have surged in recent months

Finance Ireland, the country’s largest non-bank lender, has once again raised the cost of its mortgage loans.

The firm will increase the rate on its three-year fixed mortgage products by 0.75 per cent while the rate on its five-year fixed mortgage products will increase by 0.5 per cent. The changes will apply from Thursday, March 16. The company said borrowers who have already received a loan offer at a lower rate by the effective date ...

 

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